32% increase in Hibernian first-quarter sales
Sales of single premiums increased by 122% to £97m, up from £43m. Pension sales were 38% higher at £132m from the figure of £97m quarter one of 2004.
The insurer said that new regular premium pension sales stood still as customers and brokers put their trust on single premium products. Hibernian said its life sales increased 35% to £53m from £40m. It also benefited from the guaranteed fund launched in late 2004, which carries a five year capital guarantee.
